Palmas
Americannoun
noun
Example Sentences
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Capital Economics senior Europe economist Franziska Palmas said the survey and other recent indicators suggest "the renewed rise in energy prices could derail the tentative recovery in the German economy seen in recent months".
From Barron's
The renewed rise in energy prices could derail Germany’s tentative economic recovery, according to Capital Economics senior Europe economist Franziska Palmas.
The decline in the index suggests that the renewed rise in energy prices could derail the tentative recovery in the German economy seen in recent months, Capital Economics senior Europe economist Franziska Palmas said in a note to clients.
“The falls in German industrial production in January and December erased most of the recovery seen in the previous months and left output close to its postpandemic low,” Franziska Palmas, senior Europe economist at Capital Economics, said.
“The spike in energy prices has significantly worsened the outlook for Germany industry,” CapEcon’s Palmas said, noting that the energy-price shock of 2022 hit industrial output by 2.5%.
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